{"id":68192,"date":"2023-08-02T11:39:38","date_gmt":"2023-08-02T06:09:38","guid":{"rendered":"http:\/\/finservwealth.com\/gst-on-online-gaming-turnover-akin-to-scoring-own-goal\/"},"modified":"2023-08-02T11:39:38","modified_gmt":"2023-08-02T06:09:38","slug":"gst-on-online-gaming-turnover-akin-to-scoring-own-goal","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/gst-on-online-gaming-turnover-akin-to-scoring-own-goal\/","title":{"rendered":"GST on online gaming turnover akin to scoring own goal"},"content":{"rendered":"<p> Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry<\/p><div id=\"finse-1205168790\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/gstonline-gaming-turnover-akin-to-scoring-own-goal_17148831.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/gstonline-gaming-turnover-akin-to-scoring-own-goal_17148831.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/gstonline-gaming-turnover-akin-to-scoring-own-goal_17148831.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/gstonline-gaming-turnover-akin-to-scoring-own-goal_17148831.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> Globally, the taxability of the gaming industry falls within two conventional models \u00e2\u20ac\u201d the gross gaming revenue (GGR) and turnover tax. The GST Council\u00e2\u20ac\u2122s recommendations combine the most onerous attributes of both the tax models of levy \u00e2\u20ac\u201d a higher tax rate in a turnover tax model setting \u00e2\u20ac\u201d to create an extremely unfavourable regime for the industry<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-68192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2019\/200x200\/G\/Gaming_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/68192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=68192"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/68192\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=68192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=68192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=68192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}